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$1,149,900
Available - For Sale
Listing ID: X12091397
Don't miss out on this fantastic opportunity! Explore this very large recently renovated, ready-to-go brick Triplex in vibrant Hintonburg. Comprised of 2 extremely spacious VACANT 3-bedroom units ($2,500 & $2400 conservative projected rents) & 1 convenient tenanted 1-bedroom unit(currently rented to great tenant at $1,100). Situated on a prime lot with exceptional long term development potential. This versatile Triplex offers multiple options for savvy investors. You can choose to live in one of the units & rent out the others, creating an ideal living & income arrangement. Alternatively, maintain it as a reliable long-term investment, securing your future retirement plan. **2025 ALL NEW: 2 kitchens, flooring, lighting, electrical throughout(documents available) plus, 4 separate, newly installed hydro meters so each unit plus common utilities can be separated and reduce expenses to the owner - significant savings! Excellent ROI - 5.2% cap rate(contact for full financials) with major items already taken care of and modernized. Located in one of the most sought-after areas in town, with easy access to the desirable Wellington shops & the Civic Hospital. Well maintained & cared for by the current owner. ~10 year old roof, 6 year old furnace. 1 parking space included. Don't let this opportunity slip away, call Patrick today for more!
Price $1,149,900
Taxes: $6,098
Assessment Year: 2024
Occupancy by: Vacant
Address: 1028 Gladstone Aven , West Centre Town, K1Y 3G2, Ottawa
Directions/Cross Streets: Spadina
Rooms: 12
Bedrooms: 7
Bedrooms +: 0
Washrooms: 3
Family Room: T
Basement: Full
Finished
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 Second
Washroom 3:  4 Second
Washroom 4:  0
Washroom 5:  0
Property Type: Triplex
Style: 3-Storey
Exterior: Brick
Stucco (Plaster)
Garage Type: None
Drive Parking Spaces: 1
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY

1028 Gladstone Aven , West Centre Town, K1Y 3G2, Ottawa

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Freehold - Triplex
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4203 - Hintonburg
Style: 3-Storey
Lot Size: x 46.50(Feet)
Approximate Age:
Tax: $6,098
Maintenance Fee: $0
Beds: 7
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908